TechFlow News, according to Fortune magazine, Sei Labs has announced the completion of a new $50 million funding round for its ecosystem fund, with participation from cryptocurrency exchange Bitget, Foresight Ventures, Multicoin Capital, Jump Crypto, and Flow Traders. To date, the company's total raised capital has reached $120 million.
It is reported that in the latest public testnet launched a month ago, Sei has already processed over 40 million transactions, with more than 3.6 million users creating wallets.
Jayendra Jog, co-founder of Sei, said the goal is to launch the mainnet around the end of June, adding that currently over 120 projects are building on Sei ahead of its launch.




